Restructuring
Restructuring in the UK retail sector involves the strategic changes retailers make to strengthen their financial position, streamline operations, and adapt to evolving market conditions. Retail Sector provides comprehensive coverage of restructuring activity, including breaking news on administrations, CVAs, and refinancing deals, alongside expert analysis of the operational and strategic implications. Our reporting helps retail executives, store owners, ecommerce leaders, and supply chain professionals understand how these developments impact the wider retail landscape, offering insights into recovery plans, leadership decisions, and business transformation across physical and digital channels.
-
Sep- 2025 -5 SeptemberFeatures
What does the future hold for Poundland?
Last week Poundland was saved from collapse just days before the company ran out of money after its restructuring plan was approved by a High Court. Barristers told a hearing that it would fall into administration by Friday and could run out of money by 7 September if the plan…
Read More » -
5 SeptemberLuxury Goods
LuxExperience to cut 700 jobs in YNAP overhaul
LuxExperience has announced plans to cut around 700 jobs across multiple countries as part of a wider restructuring of the Yoox Net-a-Porter (YNAP) business, which it acquired earlier this year in April. The luxury e-commerce group said it expects the measures – which include streamlining operations and consolidating administrative functions…
Read More » -
Aug- 2025 -27 AugustHigh Street
Poundland saved from collapse as restructure is approved
Poundland has been saved from collapse just days before the retailer was due to run out of money. Its restructuring plan was approved by a High Court after barristers told a hearing that it would fall into administration by Friday and could run out of money by 7 September if…
Read More » -
21 AugustFeatures
River Island’s predicament: High Court rescue buys time, not certainty
River Island has won a crucial lifeline after a High Court judge sanctioned its restructuring plan, allowing the embattled fashion retailer to push ahead with sweeping store closures, deep rent cuts, and a debt write-off. The ruling came just days before the company warned it would run out of money…
Read More » -
12 AugustHigh Street
Poundland confirms location of 12 further store closures
Poundland has confirmed the locations of a further 12 stores that are set to close under its restructuring plan, taking the total number identified to 52 out of 68. As part of the restructuring plan, 13 stores have already closed, with 15 closures planned for 17 August, and 12 planned…
Read More » -
11 AugustClothing & Shoes
River Island’s restructuring plan greenlit by High Court
A High Court judge has approved River Island’s plans to shutter 33 stores, cut rents on a further 71 shops and write off a series of debts in a bid to save the retailer from collapse. It comes as River Island warned it would run out of money by the…
Read More » -
7 AugustClothing & Shoes
River Island’s High Court hearing delayed by one day
River Island’s High Court hearing has been delayed by a day, and will now take place tomorrow morning (8th August), having originally been scheduled for today. The sanction hearing will decide on whether a restructuring plan outlined by the retailer can be approved. Under the plan, River Island would look…
Read More » -
6 AugustProperty
British Land hires lawyers to scrutinise retail rescue deals
British Land has reportedly hired lawyers to scrutinise rescue deals for Poundland and River Island, Sky News has reported. According to the paper, Hogan Lovells has been instructed by the property group to seek further information on restructuring plans for the two chains. British Land owns 20 Poundland stores, 13…
Read More » -
5 AugustClothing & Shoes
River Island restructuring in question after landlord rebellion
A High Court judge will decide the future of River Island this week after a rescue plan for the company did not secure full support from its landlords and lenders. According to The Telegraph, River Island is looking to shutter 33 stores, slash rents on a further 71 shops and…
Read More » -
Jul- 2025 -29 JulyFeatures
Claire’s on the brink: can the chain avoid another collapse?
For decades, Claire’s has been the go-to destination for sparkly earrings, scrunchies and ear piercings – a rite of passage for generations of teenagers. But the glitter is starting to fade. The jewellery and accessories retailer, which operates nearly 300 shops in the UK and more than 2,300 worldwide, has…
Read More »